Business for Sale

The Lido Motel in Radium BC

4876 McKay Street Radium Hot Springs Kootenay East Kootenay

The LIDO MOTEL is located in Radium Hot Springs in the heart of BC’s beautiful Columbia Valley! This 10 unit motel includes an office and separate 808 sq.ft owner’s suite with 3 bedrooms and 3 bathrooms. As an added bonus the suite in the walk out basement could be rented out separately. The grounds are attractively landscaped with a small owners garden & large green space currently set up with mini-golf, bbq’s and picnic tables. The property has gone through many new renovations and upgrades! All 5 buildings have had new roofs installed within the past 6 years and has had upgraded hot water tanks. Brand new carpet has been installed in every rental unit, and all bathrooms have been completely renovated. Every suite has new mattresses, bedding, & flat screen T.V.’s. In 2016, a 5kW photovoltaic (solar panel) system (installed in 2016) and in 2017 a brand new HE Mitsubishi Heat Pump & AC unit were installed in the main residence. Buildings are all located around a central paved area with ample parking. Due to the current owners care and attention, the Lido Motel enjoys a great reputation. Check out the numerous positive reviews available online. The business can be efficiently operated by just two people, making it the perfect opportunity for a couple who want to operate a motel without the headache of additional staff. If you’re looking for a viable business opportunity, offering the very best of the Rocky Mountain lifestyle, this is worth a closer look.

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Community Profile: Radium Hot Springs

East Kootenay

Golf. Ski. Hike. Watch wildlife. Participate in one of many events. Soak in the hot springs. Or just watch clouds roll across the high peaks and listen to the wind in the pines. Located in the Columbia Valley on a high ridge with its back to Kootenay National Park and long views toward the Purcell Mountains to the west, photo-friendly Radium Hot Springs is an outdoor recreation

Total Population 776
Median Household Income $78,976 ($CDN)
Closest Commercial Airport Canadian Rockies International Airport (137km)
Closest Ocean Port Port Metro Vancouver (786km)
Closest Major Centre Calgary (282km)
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